Empire State Realty OP Series 250 ( (FISK) ) has issued an announcement.
Empire State Realty Trust reported its financial results for the fourth quarter and full year 2024, showing a net income of $0.07 per share in Q4 and $0.28 for the year. The company signed 1.325 million square feet of leases in 2024, with a 160bps increase in the Manhattan office leased rate to 94.2%. The Empire State Building Observatory’s NOI grew by 6.0% in Q4 and 5.8% for the year, while the company’s liquidity stood at $0.9 billion with no floating rate debt exposure.
More about Empire State Realty OP Series 250
Empire State Realty Trust, Inc. (NYSE: ESRT) is a real estate investment trust (REIT) focused on New York City. The company owns and operates a portfolio of office, retail, and multifamily assets, with the Empire State Building being its flagship property. It is recognized for its leadership in energy efficiency and indoor environmental quality.
YTD Price Performance: -12.59%
Average Trading Volume: 1,537
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.4B
Learn more about FISK stock on TipRanks’ Stock Analysis page.